Job Search
 
 
  CV Search
 
 
  News
Shipping Must be Economically Sustainable if it is to Deliver on Environmental Sustainability ICS tells OECD
  
Ship operating costs stabilise as market recovery lifts pressure
  
DNV GL Standardisation can help enable the digital transformation of shipping
  
Surfing The Cycle Watching The Waves Shipping Style
  
DNV GL Standardisation can help enable the digital transformation of shipping
  
 
 

Maritime News

China key to global economic recovery

As the world’s biggest trader and second largest economy, China has always been one determining factor in the global economic recovery, a senior economist with the United Nations said.

The world economy still faces the risk of a downturn, with fragile recovery among developed countries and a declining growth rate among emerging markets, said Liang Guoyong, an economic affairs officer at the investment and enterprise division of the U.N. Conference on Trade and Development.

In the short term the threat of international financial risks in economic stability and growth looms large for emerging economies as most of them have gone through a sluggish economic situation and financial turbulence over the years, Liang said.

Against such recession, China can maintain a growth rate of 7 percent, or higher, becoming a strong impetus for economic recovery world  wide he said.

According to the economist, the sluggish global recovery has stemmed from the weak demand in developed economies, which have relied on quantitative easing, an unconventional monetary policy, to promote employment and growth, but have done little in terms of structural economic reform.

In addition, developed economies’ ‘beggar-thy-neighbor’ monetary policies have further disrupted emerging markets. Under such circumstances, China’s decision to maintain the exchange rate stability of its currency, instead of pursuing competitive depreciation, is very crucial, Liang said.

He said China should launch new major reform and opening-up measures to re-boost market confidence. Progress in negotiations for the China-US and China-EU investment treaties, as well as the Regional Comprehensive Economic Partnership pact, will significantly improve China’s economic environment on bilateral and regional levels.

Maritime newsl

Marine News

Ship news

India marine

Maritime India
Ship jobs

 Featured Company
 ABB Ship Management Pvt. Ltd,India Lilly Maritime Pvt. Ltd.,India Neptune Ship Management ,India
Nimbusmaritime Service,India MMS Americas LLC,India Amag Ships Pvt. Ltd.,India
gwl maritime services india pvt ltd ,India Blue Whale Maritime,India Royal Shipping Services,India
Join Hands Marine Services Private Limited,India DEMENTUS SHIP MANAGEMENT INDIA PVT LTD,India Meridian Marine Management Private Limited,India
Eklavya Ship Management,India Penta Crystal Ship Management,India Oceanic Shipping Services Private Limited,India
MAERSK ,India SeaJobhunt,India APAC Marine Services Pvt. Ltd,India
Angel Maritime (India) Services ,India Albatross  Marine Services  ,India AET Shipmanagement (India) Pvt. Ltd,India
Helm Shipping Management Private Limited,India SHRI MAHAVIR MARINE SERVICES PVT LTD,India Bridgeview Maritime Pvt.Ltd,India
Calm Seas Shipping and Maritime Services Pvt.ltd,India Ad Ship Management pvt. Ltd,India Tristarr Maritime And Shipping Private Limited,India

Copyrights © 2012 seajobhunt.com
Terms and Conditions  -   Sitemap  -   Private Policy  -   FAQ  -   Contact Us
Site By : Pheunix